Wednesday, September 24, 2014

5 ways to give back during your retirement

After a career where bosses or client demands determined how you spent your time, where you applied your talents, and to a large extent, determined how much treasure you would accumulate, now you are in charge. You get to call the shots.

For many boomers, giving back is one of the most rewarding and fulfilling things to do. Let’s look at five ways to get the rush you crave when you give back.

Connect with Family - For most, the first place to give back is family. If your career demanded long hours and travel, you likely paid the price of less time spent with your family. Even if you weren’t at the office or on the road, perhaps many times thoughts of work robbed of you of truly enjoying and appreciating the joys of family.

Now, you have the opportunity to reconnect and be fully present. For many boomers, family means spending time with an aging parent, adult children, and grandkids.

Mentor the Next Generation of Workers - You have experience and perspective to share with young, tech-savvy talent. Smart, innovative, and well-managed businesses recognize the value of having boomers guide younger employees. For many looking for new ways to work and give back, mentoring is the perfect fit.

Take your Talent to the Next Level - Part of calling the shots means you have the chance to pursue the career you’ve always wanted -- even if it’s after your so-called “retirement.” Have a talent for management? For writing? Encore careers are gaining traction and there are many employers seeking your lifetime of experience.

Volunteer Your Time - Opportunities to volunteer are endless. You can do anything from donating a couple of hours a week coaching the local Little League team to traveling to a developing country to work in a rural health clinic. Here’s a Volunteer Guide to help you think about the possibilities.

Charitable Giving - If you have appreciated assets, such as stocks or investment real estate, it might make sense to give these assets away before your death to your favorite charity or cause. Depending on your financial situation, setting up a charitable trust may preserve the assets for charity and minimize taxes. Taking the time to plan and maximize the value of your assets for causes close to your heart is a deeply fulfilling way of giving back and creates a legacy that will live on.

Regardless of the time, talent, or assets you have available to give back in retirement, remember that you’re in control. Create a plan that fits your passions, values, and lifestyle goals.

Tuesday, September 16, 2014

Retirement Re-Invented: Boomers find meaning in their second acts



What did you want to be when you grew up? Perhaps a doctor, teacher, entrepreneur -- or something else. Well, now that you’re all grown up...are you again wondering what you want to be?

Now you finally have the time. You have a wealth of experience. You know what you like and dislike. You understand what you do well, and the things that you shouldn’t even think about handling. You realize what environments, people, and situations bring out your best... and those that are toxic and cause stress.

So, armed with experience, insights, personal understanding, and time, what’s next for you and your life? Will you choose to re-invent your retirement years and find new meaning in your second act?

Here are some people who did:

Medical School at Age 59
Here’s one example of what’s possible with a retirement re-invention. Imagine going to medical school at age 59. Well, Genevie Kocourek “retired” to a brand-new career. She retired from her IT job and enrolled in medical school at the University of Wisconsin.

Certainly becoming a doctor in your second act is a huge step that most boomers won’t take. But opportunities to find meaning exist. Consider these options:

Consulting - Consulting is an ideal way to put your experience to work on your terms. You know how to solve problems and add value. Now you get to make the rules on how you will deliver the value you bring.

Nonprofit work - As a seasoned executive, you can leave behind the pressure and stress of hitting your numbers and help serve society. Nonprofits need experienced leaders and managers. Search for nonprofit organizations that match your personal passions.

Teaching - If you love working with kids, a traditional K-12 school might be the perfect second act for you. Also, trade schools, community colleges, and even some colleges are looking for instructors with real-life experience rather than advanced degrees.

Start a business - After a career spent working for someone else, maybe you’ve always dreamed of having your own business. Check out franchise opportunities, or explore how people are earning money with new technology.

“People are now earning income in ways that we never could have even imagined just a few short years ago,” said Nancy Collamer, author of Second-Act Careers: 50+ Way to Profit From Your Passions During Semi-Retirement

Your own personal passions, lifestyle goals, and finances will determine the right fit for you. So, now that you’re a grown up, what do you want to be?

Wednesday, September 10, 2014

Planning an unconventional retirement of passion and purpose



“Boys, you must strive to find your own voice. Because the longer you wait to begin, the less likely you are to find it at all. Thoreau said, 'Most men lead lives of quiet desperation.' Don’t be resigned to that. Break out!" - Robin Williams in the "Dead Poets Society"




The recent death of fellow boomer Robin Williams shocked many, especially those of this generation. Wasn’t Robin Williams living his passion? He made us laugh. His characters touched us. He had wealth and fame. He oozed passion in every minute we saw him on screen. He touched thousands personally with kindness and caring.

Yet, we now learn Robin Williams was leading his own life of “quiet desperation.”

If you’ve had career success as a doctor, attorney, or engineer, you’ve led the “noble pursuit.” You had purpose. You provided for your family. You healed the sick, helped find justice, or figured out how to make things work more efficiently.

But did you have passion?

Now is your chance to unleash your inner “poet” and live your passions.

Check out these resources to catch a spark:

Find Your Retirement Passion- Teaching disabled skiers? Wildlife protection advocate? Genealogy researcher? Teaching others computer skills? Organize a book or investment club? Check this out to get some real life ideas from what others are doing.

How to Find Your Passion in Retirement- Discover the three simple questions to ask yourself to live a passionate retirement.

Find Your Retirement Passion- Learn why it’s important to “try on” your retirement passion and wear it for a bit to see if it really suits you.

Boomers, Ladies and Gentlemen, will you now strive to discover the voice hidden inside you?
Here’s the thing... the longer you wait to begin exploring and learning about your passions, chances are you’ll never discover them.

Your life can become a mix of your career passion and your leisure passion. Now is the time to write your verse.

Wednesday, September 3, 2014

Boomers lead the way in mentoring new generations



Are you looking for a great way to give back and continue to grow and learn? Chances are that you have the skill set to be a model mentor. You have experience, talent, insights, and time to help mold and shape the next generation of tech-savvy workers.

Why are boomers model mentors?

According to Brock Whifield of Catch Your Limit Consulting:

“Baby boomers are optimistic, team-oriented thinkers, so if they see a new employee begin to struggle, they're quick to help them get back on the right track in order to get the team working at full capacity. Their optimism is a great motivator, and rubs off on the new employee, which in turn raises company morale."

This generation is made up of team players and great collaborators. Research confirms this fact. These skills are perfect for companies looking to tap the experience and talents that boomers can bring to the table in guiding the next generation of employees.

Millennials Need Boomer Mentors
Millennials - people born between the early 1980s to the early 2000s - (in many cases, children of boomers) are taking over the workplace. They view their work as a key part of life. They seek challenging and fulfilling work. They expect a lot from their employers and themselves. They want to over achieve, but to make this happen, employers must make sure Millennials are engaged and fulfilled.

Millennials need a roadmap, someone to guide them to success. Many times, current managers are spread too thin or lack the work experience or perspectives to provide the career guidance Millennials want and need.

Smart companies realize boomers have the time, experience, and insights needed to show Millennials the roadmap to success.

Boomers Feel the Workplace Pains of Millennials
When Bbomers reflect back to the start of their careers, they realize they share many of the same values as Millennials. Many boomers starting out in careers 35-45 years ago were worried about getting stuck in unfulfilling careers and work that didn’t make a difference. They wanted the opportunity for class mobility based upon career achievement.

While Millennials today use different tech tools to communicate and sport different hairstyles and fashions than those from the workplace in the ‘60s and ‘70s, they share similar values and aspirations.

Mentoring Millennials is a critical task for innovative companies and organizations. Boomers are the perfect fit to provide the guidance and support that Millennial employees and companies need.

Monday, August 11, 2014

3 keys for Boomers to find balance through travel


“Get your motor running. Head out on the highway... cause baby you were born to run.” 

The lure of the road calls you. In your heart and mind, you’re filled with the desire to experience that sense of adventure and curiosity you had as a child. Yet, adult responsibilities and the need for security dampen your dreams of hitting the road.

Fortunately, today there are endless possibilities to blend travel and work. Conventional work is changing. New online tools that didn’t exist a couple years ago can now make even traditional jobs location independent.

Boomers looking to blend work and play are wise to consider these three keys to finding the right balance.

1) Prepare a Plan - Explore all the options of retirement travel trends. Do you plan to travel full time? Travel and work part-time? Where do you plan to travel? Whether you plan to dip your toes in water close to home or sell the house and car and go all in -- technology and flexible working arrangements can make just about anything possible.

Identify your “must haves” and “deal breakers” for this lifestyle. How much flexibility do you desire in your work opportunities? How much time do you want to work? Do you want to settle in for a month or two at a location or keep moving?

Your finances, health, family obligations, and community responsibilities will shape your travel/work lifestyle. Stepping away from the security and comfort of your home and job is a big step. It’s smart to do a test run close to home to identify your personal limitations and desires.

2) Don’t Ditch the Daily Routine - You finally have the freedom to fill your days with more of what you want to do vs. what you have to do. Stress remains, but it’s a different kind of stress. Learning how to be productive is essential to finding balance when traveling.

It’s easy to get distracted because every new destination feels like a vacation. But if you get too caught up in work assignments, you'll miss the adventure. The key is to maintain a daily routine. Schedule your work time and your play time.

3) Travel Tech for Both Work and Play - The internet is transforming work and travel. The very idea of traditional work is transforming. Online tools open up new locations for independent job opportunities, and this type of work is becoming more and more mainstream. Digital nomads are no longer coach surfers doing odd jobs.

Access to a reliable wifi connection is a must for email, online collaboration, and video calls to get work done. A tethered wifi plan through a mobile provider ensures reliable internet access when traveling throughout the United States. Mastering online work tools such as Google Docs, Google Hangouts, Basecamp, and Dropbox are vital for the traveling and working Boomer.

A Chromebook, Tablet, and/or iPhone provide you with all the tools you need for work and fun.

Taking the time to put together a plan, exercising daily discipline while on the road, and the smart use of technology helps you unplug from a traditional job, experience adventure, and find balance between work and fun.

If you’re healthy, curious, enjoy diversity and meeting new people, and have the time and money, why not head out on the highway? You have all the options and tools to do it on your own terms.

Tuesday, July 22, 2014

Five signs you’re ready for an encore career



After decades of gaining experience and wisdom in your career, you may be looking for a new chapter where you can work on your own terms -- even during retirement. Pursuing an "encore career" offers this kind of flexibility, giving you freedom that you may not have previously enjoyed.

Are you ready to take this step? Here are a few ways that you can tell if you're among the growing number of people who are ready for encore opportunities.

1) Your career is losing appeal
Sometimes your longstanding career just isn't that appealing anymore. With society's focus on knowing what you're going to do by the time you're in your 20s, a lot can happen that can leave you dissatisfied. It's only natural when you've spent years mastering your profession. Encore careers offer opportunities to share that lifetime of expertise in new fields or in ways that mentor younger professionals. 

2) You have time and energy to spare
If you wake up every morning feeling like you've got a lot of living left to do and expertise to share, this is no longer a question of whether encore careers are right for you -- it's a question of which one sounds like the most fun and fulfilling.

3) You want to explore something new
A few years ago, you may have wanted to take on a new challenge but were afraid because of your personal and professional responsibilities. The good news is that now is the best time to try something new, even if you aren't quite sure what that "something new"might be. 

Exploring a new career can take you to places and experiences that you may have never dreamt of in your previous career. Even short-term assignments provide the flexibility to explore something new and fulfilling. 

4) You thirst for meeting new people
For many, the old perception of "retirement" isn't what it's cracked up to be. If you are seeking connections on a professional level and like being around new people, an encore career can be the perfect opportunity to get involved in new situations and get to know a new social set that you
never would've considered before.

5) Working is no longer about the money 
While working may no longer be about "the money" (maybe it never was) you may be in the position to explore more personally fulfilling work engagements. The supplemental income is nice but at this stage in your life it's more about passion. You have the energy to give back, so you might as well use it to enrich your life and make the world a better place.

This is a chance to do what you've always wanted to without the fear. It's your time now. Take the plunge and see what you've been missing.

photo credit: leesean via photopin cc

Wednesday, July 16, 2014

Confessions of a born-again marketer


By John Peirce

To my shock, I’m finding that I’m actually enjoying marketing my second book, Social Studies, an essay collection I recently had self-published with Friesen Press in Victoria. If anyone had suggested, even last year, that I’d enjoy marketing of any kind, I’d have told them they were nuts.

To say that I grew up with a prejudice against marketing is to understate things considerably. Marketers—the folks who pushed soap flakes and laxatives on TV—were just one step above carnival barkers, and not a very big step, at that.

This prejudice was reinforced during my years at Amherst College, where I was an English major. In the Amherst English department, irony and emotional coolness were the order of the day. Our very first freshman composition assignment pilloried a man who claimed to be able to teach people the essentials of good writing for the even-then modest sum of $35. The ultimate insult would have been for a professor to describe one of his students’ papers as “promotional” in tone. But I’m sure this never happened. By the time we’d been at Amherst for a month, we’d all have been far too gun-shy to even consider using such language.

When my first book—an industrial relations textbook—was published 15 years ago, I was delighted to learn that I would have absolutely nothing to do with marketing the book. There would be no launch, no readings, no driving around town with a box of books in my car. Like most textbook writers, I didn’t have my photo on the book’s cover. Even that would have been considered too promotional.

Marketing Canadian Industrial Relations was left to the professionals in the publisher’s marketing department, who evidently did their job quite well. Through three editions, the book has sold close to 20,000 copies. I wouldn’t have come anywhere close to that on my own.

As I sat back and collected my royalty cheques, I sometimes contemplated the fate of fellow writers who had chosen to self-publish their books. By and large, their lot didn’t seem a happy one. From where I sat, self-published authors looked to be facing an endless round of driving around to readings and book fairs, intermitted only by dealings—generally not the pleasantest of dealings—with the chain bookstores and book wholesalers whom they were trying to persuade to sell their book for them. Without getting into particulars, I can say that some of the stories I heard qualified as full-fledged nightmares.

Needless to say, such stories did little to diminish my already considerable skepticism about self-publishing. I also didn’t like the appearance of many self-published books. I figured that if a book looked as amateurish as many of the self-published ones I saw did, its contents probably wouldn’t be much better.

But over the years, self-publishing has changed, as has the marketing of self-published books. Many self-published books now look very much like the products of the most prestigious commercial publishing houses. This recognition, coupled with a number of refusals from commercial houses, convinced me that I’d better self-publish my book if I wanted it to see the light of day.

At the same time, thanks mainly to the Internet, the marketing of these books has evolved considerably from the “box of books in the trunk” days. It would be fair to say that my publisher and I are partners in marketing my book. Friesen’s offers Social Studies through its online bookstore and has also arranged for the book to be made available through Amazon.com. Though I make occasional individual sales to friends and will be doing some readings and book-signings in the fall, once people are back in town, my job is primarily to tell my friends, acquaintances, and connections through various groups how they can order the book. Thanks again to e-mail and the Internet, I can do this in the privacy of my home, without ever knocking on a door or making a phone call.

To my amazement, I’m discovering that even a bona fide introvert like me can be an effective marketer. I’m liking the challenge of seeing how many different groups I belong to and how many ways there are for me to reach those groups. By the time I’m finished—I’ve only just started my marketing—I expect to have contacted at least a dozen different groups to which I belong or have in the past belonged. These include, among others, writers’ groups, tennis clubs, and prep school and college alumni associations. The people I know from these groups number in the hundreds. While it may always have been true that, as the poet John Donne once said, “No man is an island,” this is even truer now than it would have been 50 years ago.

Nor need this “New Age” approach to marketing be confined to writers. With a few obvious modifications, the same approach could be used to promote a dog-walking service, a catering business, or a landscaping service. This is not to say that more traditional forms of advertising such as newspaper or Yellow Pages ads don’t still have their place. They do, particularly if yours is an established business or service. But by and large, the network-based approach I’ve outlined here offers a greater chance of success, particularly for new or somewhat unconventional products or services. By pitching your product or service to people you know, or at the very least to organizations within which you are a known quantity, you have got your foot in the door; you are coming in as a known quantity. This can only help your efforts.

Even after just a few weeks, I’ve found that marketing my book is starting to make my life richer, both by getting me in touch with old friends and by helping me make new ones. But there’s another lesson here, and it doesn’t apply only to those of us who are marketing something. Our retirement years can be a glorious period of discovery, a time to start exploring new worlds. If we’re going to find out all we can about those new worlds, however, we will first have to let go of some of our old prejudices (like mine against marketing) that keep us stuck in old ways. You will only be able to see those new worlds once you take off your blinders and start looking at things from a fresh perspective.


This article is another in a series by Jon Peirce, a retired professor and union representative and long-time free-lance journalist, on subjects of interest to boomers. Some of Jon’s previous work has appeared in such publications as The Globe & Mail, the Christian Science Monitor, the Ottawa Citizen, Books in Canada, the Toronto Star, the Halifax Chronicle-Herald, and the Kingston Whig-Standard. Jon currently writes, teaches writing courses at the Nova Scotia Seniors’ College, and serves on the Advisory Committee of the Silver Economy Engagement Network, all of this while doing an M.A. in history at Dalhousie. He is a professional member of the Writers’ Federation of Nova Scotia. His interests include tennis, swimming, improvisational dance, and cooking, and he has recently returned to the stage after a 46-year intermission, playing Judge Omar Gaffney in a Dartmouth Players production of Harvey. His second book, Social Studies; Collected Essays, 1974-2013, has just been published by Friesen’s Press in Victoria; his first book, Canadian Industrial Relations, originally published in 1999, is now in its third edition with Pearson Education Canada.